Bitcoin Forum

We went from $1200 to $1165, it's staying up nicely, so we must hope that we don't go below $1100 and I think we are reasonably ok and good to go for the next $1300 test.

I wouldn't really call that a big dump. It was a small dip. I wouldn't be surprised to see more of a drop to below $1000. The prices right now are still high so a correction is not unexpected.

it is usually a big dump when you see something like this on the chart with a very sharp drop and a very big volume. the amount it went down is about $60 which you can say is not that big with bitcoin standard and the percentage is not that big either (5%) but it is still a big amount to drop in a short time.
https://i.imgur.com/ymxX7Qx.jpg

good news is that the resistance has been good and it bounced back up and it fit breaks $1200 again i say it is safe to say it is over but it may not be this fast.

I would call that little dip the correction.  It was small but quite a sharp drop after it clearly went too high.  There's plenty of support from investors as they slowly start to see it as stable, there's the (shouldn't be relevant but it is) hype about Japan's new laws, so generally the outlook is quite positive but in a different light as investors start to see that there might never be a good consensus with scaling but Bitcoin will be a good investment from a more "digital gold" kind of perspective.

The floor is really around $1050-1100 right now and it's unlikely to break that due to the strong resistance in the market.

yes bitcoin has done a lot better and it will become better .well you may have noticed that the price of bitcoins have become stable .well this will be better and the price of bitcoins would become higher and the price of bitcoins would be more than 2000$ by the end of july .lets hope best for the future.

Just like what others said, I don't go for it that it was a big dump. It's only a very small fluctuation compare to what happened from the past like Mt.Gox and with the BTU drama.The price right now is at $1,199 on preev and it will keep on moving and stable at that rate. We'll see that $1,300 very soon.  ;D

if it's hit $1300 that will be a good news but for now we're currently on @ $1200 but im hoping that bitcoin would hit and stay in $1300 but that's not bad enough because when i started bitcoin it was around $500-$700 so its a lot of difference before than now. that's why i could say or i have the right to say that bitcoin is really doing well than before.

as far as I know a correction shouldn't be sharp. it is usually a slower drop. the sharp dips usually show some kind of manipulation and followed by panic sell. mostly starting with the expectation of a drop (in this case the SegWit drama by F2Pool) and then weak hands jump.

why shouldn't it be relevant?
it actually is a big news in my opinion and we will continue feeling it s effects for a long time.

yeap. price is $1205 right now according to bitfinex.

Right now bitcoin was keeping his stand with the $1100 mark and the value as of now is $1189.40, I think it is very too soon to say that bitcoin would now go to the $1300 mark, and I think even if there are dumping occur it is just a small portion of it and it is not a real dump and bitcoin is just rotating to it's course

For now I see bitcoin at above $1100 mark with the value of $1197 according to preev. Personally I would want it to dump a little lower to below $1100 so that I can rebuy cheap bitcoin but I don't think it would go down to price ranges lower than $1100 for now probably. I wouldn't call what happened a dump though since it is little, rather it is just a dip, a little one since changes below 100$ is normal with bitcoin.

I wouldn't call that a big dump. Bitcoin has seen way way bigger dumps.
The smart guys bought the dip and enjoy their grown BTC stash.
In terms of the price I believe we will continue hovering around the 1100-1200 area for a while.
To shoot upwards we need some major positive news imo.

This  time price dumping have paved path for a sustained growth soon after the fall towards $900 during tbe time of BU gaining support. In a short scenario changed price moving to the one from which fell. So now the gradual decrease was not much concerned which has started to reach close to $1190 once again.

it's a quite big dump but its not mean that bitcoin price BTC will surely pump again and surprise as . just keep investing while bitcoin price is in low price because anytime bitcoin could surprise as i miss when the price of bitcoin reach the $1200 more. it leaves me a lot of regrets when i cash out my bitcoin while its on $1100 then suddenly it reach that price quite enough to surprise some of us.

At the moment price is quite unpredictable even after this drop it recovered so quickly. Now chance is so good to touch $1300 in next run I think next week this will happen and before end of Q2 it will be over $1500 with this trend.

Most of the times when I see price is at $1140 I close my browser and come back after a few hours and then I see $1160 then browse the forum boards post a couple of times and then open an exchange or coinmarketcap and see price is $1180 I mean what the heck is going on?

You see women when pregnant? they desire something sweet one hour and want to eat something sour the next hour :) don't you dare bitcoin if you want to give birth to a new altcoin aka bugcoin.

Market is holding a natural price, it's more like an ocean with bitcoin, at day time sea level going down and at night it comes back up due to gravity of moon, are we the community(investors-day traders-supporters)like the moon for bitcoin?

Like a ocean with bitcoin but the big whales are swimming around. If you go against them, you will be sweep from under.  :). The market is holding currently, which is good for now I hope the big whales will not do another dump and go to alt-coins, otherwise the price will drop. Possibly some investors are just selling now to profit and not because of the BU news.

Ver and his crook buddy Wu declared war against core devs on bitcoin.com so his followers made a little bit movement on the markets.

But then they asked themselves, if this retard wants us to dump bitcoins... "Why don't he sell his coins first?" Then they realized their mistake and now buying again.

I am expecting price to go over ATH price of $1300 in next bull run. Support is already growing strongly around $1200 right now, so $1200 is base price now for next bullish trend.

Hold your bitcoin tightly.  ;)

Just because the price decrease are somehow have a big margin, today we can't considered it as a big dump because surely it will go back again to the level it was before the price decrease. And we can see some build of support that's why we can withstand the road to below $1,100.

Correction price indeed which is a good thing to happened so that we can still purchase good coins at good price.

Thumbs up on this  ;)

All these retarded fuders are attacking bitcoin network with spam transactions to clog the mempool and increase recommended fee to build support for BU. Whatever they try, they will ultimately fail and segwit will be activated on bitcoin like in litecoin soon.

We went from $1200+ to $800 so that $1200 to $1165 and bouncing back is expected to happen in bitcoin price. We can see that whatever FUD attempts to make the bitcoin price decrease, still it was nothing to do and it keep getting back with the price rise. Anyhow, the event today has nothing to do with the FUD so normal as it was.

Let's see what will happen next.

The uncertainty in price will continue as long as the speculation over the block issue and how they are going to tackle the issue ,i am expecting the price would move along $1000 to $1200 until there is a solution of the issues and to be frank we did not have that much of a dump we used to see earlier.

The dump came after the tweet from F2Pool stating that they won't support SegWit. It's a pool that currently accounts for 9.5% of the network, and thus they are getting taken seriously by traders. I am not sure if the pool in question is just trolling or seriously doesn't like SegWit, but it heavily contributes to the weakened sentiment as uncertainties remain strongly present.

If you see $40 against such huge price a "big dump", then I think you need to check back again. It should not be called dump, but correction of the currency back to where it should be. It is again back to $1191 and already went to $1200 once again today so no need to worry about that correction as the price is growing, we just need to take care that nobody sells off below $1100 as $1200 is already being maintained as the most-liked resistance.

There are fresh news from us bonds market.US bonds has broke support level,will be sell off,dollar will goes down and sell offs on stocks will begin,ood of money will looking for new investments,so if small part of that money will come to btc will be btc hossa,do not forget about french elections it may shake Europe

Do you think that it is a big dump? Because i think it is minimizes price down. But i also think that when bitcoin start to down than its mean the time is coming to again up.   

Professional money might have flown into Bitcoin if we had one of the ETFs approved. They are looking for a way to benefit from Bitcoin's potential, without actually hodling Bitcoin. ETFs are perfect for that.

These high level investors aren't really interested to buy themselves into Bitcoin through exchanges. They are looking for a professional platform that suits them, and one that is being watched by the SEC.

the "professional money" as you call it, will come into bitcoin if it wants to and it always does it when it is smart (meaning while there is a dip like when it went down to $900 or when it was $450 or better yet when it was $200).

and from what i understand from ETF, you don't invest money in bitcoin you invest money in ETF and buy something like shares from that ETF and that has nothing to do with bitcoin.
although as i said this before, ETF approval could have been a good positive news for bitcoin.

If you took the effort to properly understand what I said (I bolded the part for you), then you wouldn't have to rephrase the the same thing.

If you still don't understand, it means that through a Bitcoin related ETF, you can benefit from Bitcoin's potential growth, without actually having any Bitcoins.

Could be a trap? I didn't even feel it. Maybe one mining company needed to pay their bills.

It's all part of the cycle I suppose.

i took the effort twice now and i am still standing on what i said.

"professional money" will come into bitcoin without needing any ETF (which means direct investment not through indirect channels), and that is actually because it is decentralized and SEC or any other thing is not watching it.

and as i said from what i have understood from ETF, whoever invests in ETF is not benefiting from bitcoin, it is like investing in any other centralized bond or whatever and many professional traders won't bother with this way of investment. many regular traders might.

I disagree. I don't see any other way for institutional money to fuel bitcoin market. ETF was the only hope for that.
Professional investors can't touch unregulated assets, so companies can't buy and trade bitcoin.
Bitcoin is hobby for rich wall street brokers or bankers, but they are using their own private money to purchase it.

i do not think so, i think it is just the correction of the price of bitcoin, that usually the market take, i think the people have now becoming more and more mature and they are not creating panic like situation, i am hopeful that the price of bitcoin will continue increasing and very soon the price of bitcoin will trading above 2000 USD level.

But how you are calling it is a big dump. Technically it was a downfall of less than 5% which is very much casual fluctuations of daily market movements. I guess people are getting practice to rocksolid price levels and thus leads to calling it is a big dumb.

Right now bitcoin prices are recovering and moving toward $1200 levels again as F2pool started voting for segwit. I believe we are going to find a solution for the issues of scalability in very near future and certainly it will lead to breaking $1300 price levels this time.

Lop you must be new. Less than 10% of a dip is not a dump. 90% over a week is a dump. There was a dip, then we went back to just about where we were before. It's not a big deal if you just sit back and HODL.

correct me if i am wrong but your percentages are way too off if you are talking about the price. 90% drop is not a dump it is bitcoin is dead because it means going down to $117 (from current $1170ish).

but i agree that anything small like the price dip we saw is better called "dip" as in a bump on the road rather than being a dump. or at least call it mini dump for accuracy. and it is all normal with bitcoin fluctuations.

Is BitFUnix and the Tether dollar USDT about to crash the Bitcoin market?

Ouch! If Tether goes bust, it would shake up people's confidence in bitcoin exchanges as a whole.
People see Tether as a convenient way of not touching fiat. Their confidence stems from the belief that Tethers are fully backed by US Dollars.

I hope those people who have a bitcoin, don't create a sense of panic if possible price bitcoin declined because in doing a pas market prices are still declining and also I look forward to the future price of the bitcoin will always continue to increase and may soon price bitcoin menyampai $2000 because that would be an increase in the users of the bitcoin has increased over time.

Experienced investors do not create panic and quietly wait for the growth of bitcoin, and the newcomers sell coins for a pittance during a panic and without knowing what profit can be obtained from these coins.

I am sorry to say, but you still don't understand how things work when it comes to the ETF that everyone here was so excited about, and rightfully so.

Hazir on the other hand does know the value of this ETF and why it was very important to have it approved. There is a huge difference between professional capital and private capital.

What you are referring to is private capital, and yes, this doesn't need an ETF to flow into Bitcoin, but I am solely referring to professional capital, and that's where things start to get difficult.

yes that is very right, as we can see that now people have become more mature, and hope that they are not going to sell their bitcoin in panic selling and they will hold their bitcoin for a long long time and through this way we can get a good bitcoin price and hope that bitcoin price will not be effected by panic selling any more.

It not because all of a sudden all the traders have become matured ,the reason we are not seeing that much of a dump like we used to see earlier is simply because there are more investors and it is really difficult to manipulate the market just like that when the user base increases and so is the reason the dumps are not visible like we used to experience,but still when there is a big negative news the markets will correct itself.

How do you like my perfect timing on LTC yet again! That is twice that I said emphatically "buy now" right before the blast off in the price.

That shows you how much BTC on this forum is influenced by me. I have a wide following in our community, when measured by wealth.

I have been able to decipher the long-term recursive fractal pattern and have been predicting the moves precisely and piling up the BTC profits going long, then short, then long, etc.. Note I will not tell you the exact price levels, nor my secret method.

LTC will pullback a bit here, but it is going much higher. Feel safe to enter at 0.01035. And make sure you buy LTC before April 19 when BTC will begin its decline by -30% due to the Scalepocalyspe (and possibly some other event involved ing BitFUnix or such).

Note LTC will make a peak price some where far above 0.0106, then it will decline back to long-term support. Then over the next 2 years LTC will make a ATH (as priced in BTC) which is means higher than 0.04. So holding LTC after the pullback will mean quadrupling your BTC over the next 2+ years.

No. Just no.
I really wonder how much the Litecoin devs pay you man.
Its a dead coin hyped because of SegWit.
I really want to hear you guys when all the hype is over.

Earlier this month I have made a prediction of Litecoin going through the $15-$20 levels in the coming months, and I still stand by that. In that regard, I share some of iamnotback's optimistic stance regarding Litecoin. However, I am also aware of the fact that Litecoin is a coin that adds absolutely nothing to the real world beside it functioning as a speculative investment opportunity. So yes, once the hype is over, Litecoin will tank and go back to far lower levels, where it will remain stagnant for a long period of time (typical Litecoin behaviour). The hype around Litecoin will last until Segwit activation has been cancelled (due to pools dropping support), or Segwit being activated (which results in the hype to fade away when people realize that Litecoin is still the same obsolete coin).

As of right now the coin that's going obsolete is bitcoin because it's simply too hard to change, and this is a positive trait in itself but not if you are aiming for real everyday usage, which is where LTC with segwit and LN kicks in.

Cryptos are useful in making certain payments like paying for a VPN. If nothing changes, we'll see $1 fees in BTC. Who is going to pay things like those type of subscriptions with BTC when you got LTC? get real. BTC will stay a hodlers coin as long as the necessary changes don't happen.

What is the closest thing we have to a scalable BTC? LTC. Becuase they are the same, so you can easily port code, so BTC development isn't wasted in testnet and can be ported in a real ecosystem.

I see LN development moving to LTC because without segwit you are developing in crippled mode.

So do the fucking math.

Of course, this is all subjected to our miner overlords which can decide to stop signaling for segwit at any time, this is the gamble side of this move. You either sell before the last days in case Jihan does a trick (risking going to the moon after "segwit activated" news hit the press) or you hold through (risking that Jihan shorts after ruining segwit activation). Good luck.

the thing you don't understand is that bitcoin does NOT need scaling right now. there simply isn't enough transactions to fill the 1 megabyte blocks yet.
you have fallen for the public scam called "Spam Attack". when there are thousands of useless transactions being sent out and even miners who are filling the blocks with junk you see full blocks and a big mempool but in reality the number of transactions is not that big.

i suggest you start looking for evidences and proofs and then use your own judgement to make a conclusion instead of reading some propaganda on the forum or elsewhere and repeating it.

and litecoin is just a gateway for bitcoin. SegWit and LN will be tested in real world instead of a testnet with no use and if it was successful it will be activated on bitcoin too and if not then we try fixing it and if not successful we will finally move on and litecoin will die. (better LTC than BTC).

p.s. just FYI miners are our employees. their opinion matters but they are no more than a small part of the whole bitcoin. it is the community who can not decide what they want otherwise if we reach a consensus we can easily force their hands.

Im not falling for shit, look at the facts. Im aware of Roger Ver's spam attacks, in any case, it's a matter of time BTC fees and speed become a problem for (again) usages like buying VPN or whatever, let alone seeing people using it in OTC in shops.

Without segwit and LN mainstream usage is impossible. When will BTC get segwit? Never with 95% consensus, so UASF is the only way, and we all know that's a bumpy road. It's yet to be seen how it's resolved. Meanwhile, LTC can have a smooth transition to massive scaling without needing UASF or anything controversial because it's getting miner support, so that's the place to be.

Of course you can wake up with a crash at any day because miners control the price, but that's a part of the gamble.

What is almost guaranteed is, BTC will not smoothly get segwit, so I expect big price swings in the process (if a UASF ever happens)

This is really why other coins are gaining traction. People are now seeing the inherent problem with bitcoins and we can't solve it since no one wants to give way. Bitcoin's only edge now is the amount of users it has now and that it was the first cryptocurrency that got this far.

Lol, LTC dead coin!? You sir are about to see just how alive it is....

No. I clearly see how alive SegWit is. Not litecoin. This all started because of SegWit and we both know it.

Nope

So you really dont agree with me that this litecoin revive isnt SegWit related? Before this pump Litecoin was bearish for years. I dont see any added value in Litecoin if I am honnest. Its only an old and so trustworthy coin, thats all in my opinion.

That is not like that.
It is not a strange thing that he said it is a dead coin, actually a really big part of cryptocurrency community thinks the same.
It is probably because we had some really weird things going on with LTC for some time, however the price become stable and pretty good for trading too, because it was fluctuating enough to harvest decent profits.

The overall fork situation on bitcoin, has revived the LTC, SegWit has given a lot of hype to it, which has attracted many of the btc users back to the LTC.
I think it is actually possible that LTC will still make its growth, and won't stop so quick.

Well Bitcoin is really doing good recovering and getting stable at around $1900 - $1200.  I never had a doubt that Bitcoin will go lower thatn $ 800 when it dipped its price after several FUD and bad press.  I also hope that Bitcoin will continue to rise and rich its new ATH this coming month.

well to be fair litecoin is neither a dead coin nor a good coin here to save us all.
it is somewhere in the middle.

we can't deny the fact that litecoin is the copy of bitcoin and it really offers nothing special apart from faster blocks at the cost of producing a much bigger number of orphaned blocks and a much bigger blockchain size which is also growing 4x faster than bitcoin blockchain size making it 4 timex harder to run LTC full nodes.

but also we can not deny the  fact that it has a good developers team. developers that unlike many other altcoins haven't just given up on their coin after all this time and are still developing (well mostly importing code from bitcoin and adopting it to litecoin but still working!)

activation of SegWit and LN will not make it replace bitcoin but it will help that coin to grow a little more.
and all the rest about price are just temporary noise to hype it up some more. and as we can see today that is a two sided blade and it cuts both ways. you keep hyping up the price and as some pool slyly stops signalling price tanks.

What big dump exactly? There wasn't any huge or vwry important change in price, I would call it a smaller correction. That hasn't influenced the price big deal and the price has recovered and back to track very soon. This has also shown that Bitcoin is more stable and resistant then it was ever before.

Hoping for this segwit blocking of Jihan passes soon...thoughts?

This latest drop wasn't very big. I thought we would see the price drop lower possibly below $1000. Instead, the price dropped only into the upper $1100's and went back up.

Litecoin with or without whatever implementations - it will not change anything in how people use it. It's nothing more than a coin that gets boosted from time to time by whatever entity with certain intentions, that obviously going to play out in their advantage. Bitcoin needs to scale, that's something we all can see (aside from noobs just ignoring everything and play happy user). But the main problem is that pools are playing hard to get, and thus knowingly hold Bitcoin back from growing further. In that regard, it may take a serious amount of time before we are going to see any sort of upgrade in blocksize. Direct result of that is that people will *temporarily* look for cheaper and faster (in terms of confirmations) alternatives.

Litecoin is just one of the plenty of coins that people can choose from. If you ask the majority of the crypto nerds/enthusiasts what they will prefer when it comes to using certain altcoins as payment option, then it's either XMR, DASH or ETH.

It doesn't really matter in this case since there are other coins that can function perfectly fine in terms of being a payment option, that also happens to be a cheap (compared to Bitcoin) option to use. As I said, Litecoin is just one of the plenty of coins that people can choose from. If it is up to the majority of the people, they will give the preference to one of the three afore mentioned coins, so no matter what changes Litecoin goes through, it's up to the end user to decide whether or not he will use it.

All of the rest of the coins will end up suffering from the same problems as BTC, so they will need second layer solutions. Lightning Network is the best second layer solution, and LTC is the closest coin to get it with developers easily moving there. XMR and DASH don't have LN and ETH's Raiden is not as good as LN.

that is only true if you assume all the rest of the altcoins are in the same situation as bitcoin which none of them has ever been or even will be in the same situation.
and that situation is first of all a massive number of users, using these coins daily to transfer money for many purposes ranging from small like buying a cheap 5 bucks item to big transactions of millions of dollars worth.
and on top of that being under a constant 2+ years old spam attack on their network, an 8 year old media attack and lots more.

the usage that altcoins have consists of a very small portion of traders transferring coins to their wallets out of exchange and miners transferring coins to exchanges to sell.
in some rare cases like litecoin, Dogecoin and monero, there are some real world usages which means a small portion of transactions are spending it as money.

That's correct, and probably same like you I dont get the incident that OP is talking about, there was no big dump actually, at least I couldnt find any.
The post was made at 13 April, and there is actually some price decrease in the history, but it is the tiny difference, considering it is a bitcoin, and the price of it is one of the highest in the whole history.
Price was around the 1220$ level, when it got back to 1160-1170$, which is nothing special for me, because I have been into bigger downward surges than this one.

I still have faith in bitcoin, and im hope that most of the price drops are just temporary.

For others, a dive at around $50 is considered as big dump not considering that it can jump back again at that same level too. After the bitcoin price breached the $1,000 level, we noticed that the movement of price increase and decrease plays at the price $50 - $100 margin or even more. Meaning that the price movement will likely be common to play at that margin considering with the current price rate today.

Just don't be panic but embrace those price decrease as we not know where we can buy again bitcoin on a "sale price".

We actually had some bigger dump of bitcoin around the 14 april, there was a price drop of around 70-80$, which could trigger many people to bail out.
But it was not such a significant move, according to the bitcoin chart. We have seen many times much bigger moves, even like 200$ increases, or 100$ drops.

The price is still pretty stable, it has recovered all points lost previously, and I think we will stay much longer in the area of 1200 USD per one bitcoin.
I think that if we would see bitcoin price over 1300 dollars right now, that would have been simply an overvalued asset. Such a fast increase is not possible, without any price falls.

Sure, every coin that at some point will deal with the amount of usage that Bitcoin experiences, will suffer from the same difficulties - that's a fact. My point was basically; no matter how well Litecoin will function after certain implementations, that it's still up to the people to choose whether or not they will make use of it. People are mostly hype sensitive, and will likely prefer to follow the three afore mentioned coins rather than something that remains stagnant (in terms of its price) for quite a long time.

Could we already say that this prediction was a failure?

The 19th of april came, and nothing happened. A day after, the price is in fact going up. $1219 bitstamp, $1273 bitfinex. So, those that sold on the 19th expecting a so called "scalepocalypse crash" lost money.

LTC hit 0.0083, now seems to be recovering with 0.0089. Im not holding any.

Yeah, almost, Whenever bitcoin is going to down, than its mean in the coming months, bitcoin would be increased. That's why i like bitcoin. Because when bitcoin price down, than i tell to anyone buy it and when bitcoin price going to up, than its mean it is time to sell bitcoin and make profit.   

I think that is pretty common in the community of bitcoin and it is not a surprising characteristic of bitcoin even some newbie's would know that if they started in bitcoin in knowing that by switching to bitcoin because that kind of thing in bitcoin is the one that attracts them towards it, the pretty sure tough thing here in the community is if anyone is good at predicting the movement of bitcoin and the right decision that needs to take when the value would surely move in your speculated scenario! 

Anyone who sells Bitcoins just for the sake of profits is not a true holder in my view as that's one of the major reasons that I see which stops the growth of the price as everyone who bought before at some few lower point, let's say $1000 would sell back at $1200 and they would repeat it back every other time they get a chance, but this stops the recovery part and what we are doing here is, just playing with the price.

I checked the bitcoin price now, It turned to 1246$. After last month dump bitcoin price is being increased and increasing day by day. I would like to say don't sell the bitcoin you have now. Simply hold that bitcoin till upcoming Christmas and you will see the price 2000$ for sure.

I just wonder how you will predict the higher levels of bitcoin so that you can start making profits ?
If you do not have any strong analysis to back up yourself then you will get regrets because sometimes a wrong decision will make to miss some good price rally of bitcoins. It would be good if you keep buying at dumps and I'm not suggesting to sell at random high.

As of today's rally, I believe bitcoin is going to get new ATH. Maybe by this weekend, we are going to see new peaks, get yourself ready.

enough talk. when is ur coin coming out?

Disagree, everything will not goes same. i mean bitcoin price not always rise after big dump, did you remember when bitcoin reach $800 than price down much lower than $500 and only for last 2 year, yeah after big dump out then pump will out and mostly after the price touch $1000.

Roger ver just tried to make profit by creating BU issue.But bitcoin has as usual recovered from such attacks and its price is now $1268.Newbies were the losers this time also.They just sold out their bitcoins by getting panic.Bitcoin's price is sure to increase more.

If you purely look at the price, then it may give you the impression that everything is just fine, but it's not like that at all.

At this point it doesn't mean anything yet, but yesterday BU managed to have 50% of the support for the first time (support = pools signalling BU through Core at the time they mine a block), which means that if they want, a fork could happen at 51%.

If Jihan Wu wants it could definitely happen very soon, but it all depends on how things go. If BU manages to stay over 51% for a fair number of days, a fork might be reality very soon with all destructive consequences as result. It's a damn shame that pools support BU.

In the time of halving bitcoin reaches to the 800$ and dump little after that. In last year Christmas time again price boomed to 1000$ and more. Your answer and chart comparison itself show that you are wrong. Price is moving steadily to touch the next peak value now. I hope price will touch more than 1500$ in this year Christmas.

Yes true bitcoin will never rise that instantly while dump is happening it will took 1 week or maybe more before price will goes up again. big bump I think this is only happen if those holders sold their coins tones coins actually were talking about them those who had. But possible bitcoin will be reach the price of 1300$ dollar

Bitcoin is very strong as long as people keep trusting on it then there is no reason to think bitcoin will be unable to recover form any of the dumps that are a part of the market.

Many time, whenever dump is coming than the next time, bitcoin price will up. But not every time it is work. I have seen when bitcoin start to dump than it is also give us big dump. But in this year, bitcoin price is straightly going to up, not give us dig dump, bitcoin price up and down but still it is highest price $1236.    

Those time are gone when we see big dumps of bitcoins. These are the days where the bitcoin pumps are higher and remain for a higher number of days. In between dumps are few and may not last longer.

Yes,no more dumps in bitcoin.Here after,only bullish market would continue.Most people have now realized that dumping is done to snatch their bitcoin holdings and hence no one is now ready to lose their bitcoins to big whales.Thats why the price has constantly increased and now its $1300.Bitcoin to the moon for sure.

What a nonsense. People haven't realized anything as they don't know what's going on. They gain confidence out of the price that more or less keeps hovering around current levels. If you ask them what the reason for that is, they come up with all sorts of garbage that holds absolutely no value. Just wait for it - as soon as the panic returns, the same people that are super confident about the price right now, will switch to losing-all-confidence-mode. It has been happening since the very beginning, and nothing has changed so far, and nothing will change in the future.

Don't keep that negative thoughts because it's really happening and now price is doing great actually to the most people who invest in btc. So don't say that nothing was change, you need to see the current price online and can research it after the big dump many enjoyed their profit so far. Well I can't blame most of these people having good comments about the price and if we compared the previous price changes during that dumps, it has a huge differences and it actually getting lower of price everyday; luckily it climbed up in the mid april this month.

A lot of negativity against BTC, if BTC fails then that will set the crypto market back years. It's the most well known currency and people will perceive it as the "best" because of that and if the "best" fails real world application and adoption will be slowed perhaps dramatically.

Yeah bitcoin became gold standard of crypto currencies so,
huge dumps are not very damaging it anymore.

Bitcoin is undoubtedly the best crypto currency that is already difficult to destroy. Unless you just turn off the internet.

It's always been like that even from the beginning. Actually you've got to thank speculators playing like these because they give the market significant liquidity.

What happened to iamnotback? I actually agree with his analysis here. he alive?

I've learned so much the past years that idgaf if I lose everything. I highly doubt bitcoins will drop to $600 ever though, so I think I'll be profitable no matter what.

I think after a very steep decline in prices, the bitcoin currently shows its very intriguing potential, and in fact, I think that this is not yet maximized. I am so sure, in a few months, or even weeks, bitcoin prices will rise again.

and which part of that comment are you agreeing with exactly?
to be honest i wouldn't call this or most of what he wrote around here "analysis" and this is a clear example. he was trying so hard to use the bitfinex drama -by constant spamming about it- to short bitcoin and at the same time pump litecoin to make additional profit.

and as history shows he failed!

bitcoin, instead of falling from that time price of $1100 went up to $2900 and litecoin stayed where it was.

If bitcoin will dump or big dump then for bitcoin faucet owners it's very profitable and with decrease of price transaction fee also get reduced.  and also it create opportunity for small investors to buy bitcoin and hold till it gain again 2500 usd or near. For me Bitcoin price will dunmp  between 600 to 1200 USD in near time.